Apple Inventory Rises as Company Readies September iPhone 5 Launch

Although Apple Inc. (NASDAQ:AAPL) has yet to officially make an announcement, most fans and tech bloggers are speculating that the company is gearing up to launch iPhone 5 really soon.

Apple fansite, iMore, was the first to announce that the company had plans to introduce the sixth generation iPhone on September 12. At press time, there is word yet on whether Apple will introduce other products on or around that date.

The good news is, we’ve got some real proof that something is developing. Apple’s latest 10-Q filing shows that the money spent on increasing the inventory increased $1.15 billion during the June quarter. That large increase puts them at the highest level of prepayments in the last four years. One analyst from Wells Fargo securities, Maynard Um, says that’s about 12.6 percent of the company’s revenue, and that the large increase is a telling sign of things to come.

This this report isn’t the best news yet, but, perhaps this one is. In a recent article for Gizmodo, Brian Barrett suggests that the iPhone 5 may look entirely different than what recent rumors suggest. He thinks that Apple’s huge shopping spree for components means that they must be designing something unexpected in terms of the iPhone. Moreover, he thinks that Apple is also gearing up to launch the iPad Mini, and maybe even their first HDTV.

I wish we had a little more proof that the iPhone 5 was going to be a little more cutting-edge but really who knows? Apple may end up surprising all of us with a new type of smartphone we never knew we wanted, or needed? Given all that money spent, Apple is probably gearing up to launch another product, most likely another iPad. Whether it will be a fourth generation iPad or the iPad Mini, remains to be seen. Most likely, Apple Inc. (NASDAQ:AAPL) will wait until early next year to release iPad 4. The iPad Mini still has yet to be confirmed as a real product.

Apple Inc. (NASDAQ:AAPL) has lot to do in the next few weeks, and I think it’s safe to say that most people are quite excited. With all that money Apple spent, I think that they might have a few surprises up their sleeves, and I’m really hoping that one of those surprises is a truly revamped iPhone. They know that Samsung and other tech companies are watching their every move. It would be in their best interest to surprise everyone.